Luken Investment Analytics LLC Increases Position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Luken Investment Analytics LLC boosted its holdings in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 58.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 161,913 shares of the company’s stock after acquiring an additional 60,000 shares during the quarter. First Trust Enhanced Short Maturity ETF accounts for approximately 5.2% of Luken Investment Analytics LLC’s investment portfolio, making the stock its 6th biggest holding. Luken Investment Analytics LLC owned 0.14% of First Trust Enhanced Short Maturity ETF worth $9,660,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Cambridge Advisors Inc. increased its stake in First Trust Enhanced Short Maturity ETF by 1.1% in the 4th quarter. Cambridge Advisors Inc. now owns 16,513 shares of the company’s stock valued at $985,000 after buying an additional 175 shares during the last quarter. SignalPoint Asset Management LLC increased its stake in First Trust Enhanced Short Maturity ETF by 0.8% in the 3rd quarter. SignalPoint Asset Management LLC now owns 21,642 shares of the company’s stock valued at $1,286,000 after buying an additional 176 shares during the last quarter. Orion Portfolio Solutions LLC increased its stake in First Trust Enhanced Short Maturity ETF by 5.1% in the 1st quarter. Orion Portfolio Solutions LLC now owns 4,861 shares of the company’s stock valued at $289,000 after buying an additional 238 shares during the last quarter. Naples Global Advisors LLC increased its stake in First Trust Enhanced Short Maturity ETF by 1.6% in the 4th quarter. Naples Global Advisors LLC now owns 15,612 shares of the company’s stock valued at $931,000 after buying an additional 250 shares during the last quarter. Finally, Benedict Financial Advisors Inc. increased its stake in shares of First Trust Enhanced Short Maturity ETF by 8.1% during the 3rd quarter. Benedict Financial Advisors Inc. now owns 3,864 shares of the company’s stock worth $230,000 after purchasing an additional 288 shares during the last quarter.

First Trust Enhanced Short Maturity ETF Trading Up 0.0 %

Shares of FTSM stock traded up $0.02 during trading hours on Thursday, hitting $59.70. 316,218 shares of the company were exchanged, compared to its average volume of 968,674. The firm has a fifty day simple moving average of $59.73 and a 200 day simple moving average of $59.69. First Trust Enhanced Short Maturity ETF has a 52-week low of $59.40 and a 52-week high of $59.94.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, April 3rd. Stockholders of record on Monday, April 1st were paid a dividend of $0.249 per share. The ex-dividend date of this dividend was Thursday, March 28th. This represents a $2.99 annualized dividend and a dividend yield of 5.01%.

First Trust Enhanced Short Maturity ETF Profile

The First Trust Enhanced Short Maturity ETF (FTSM) is an exchange-traded fund that is based on the Bloomberg U.S. Short Treasury Bond index. The fund is actively-managed to invest in a variety of fixed income securities with a target maturity of less than three years. FTSM was launched on Aug 5, 2014 and is managed by First Trust.